Aditya Bansal Email & Phone Number

Yamunanagar, Haryana, India

purchase and vendor development

Yamunanagar

★ As a leader, I've evolved various strategic projects, including digital initiatives within Sourcing, Procurement, and Supply Chain Management, to improve systems, processes, and drive cost savings.➤ KEY RESULT AREAS● Effective at implementing purchase/procurement strategies and ensuring they align with requirements, as well as placing and following-up on purchase orders in coordination with SQA, Production, and Quality Teams.● Reduced significantly material consumption as a percentage of revenue (Drugs and Consumables), as well as the adoption of several cost-cutting measures to reduce direct and indirect material costs.● Proven excellence in allocating funds for procurement and material sourcing while ensuring optimal material utilization, maximum cost savings, and meeting anticipatory orders in accordance with FIFO standard norms.● Significantly increased the probability of on-time delivery of quality parts from the assigned supply base in response to SAP, KANBAN, and other signals generated by scheduled production and unscheduled aftermarket or field demands.● Extremely strategic in analyzing market and price trends, historical and projected inventory demand volumes, and forecasting to minimize wastages or surplus.● Proficient in annual cost savings of approximately INR 5 crores by executing sourcing, negotiation, and value optimization projects.● Achieved a positive cash flow improvement of approximately INR 8/Crores by negotiating more favourable vendor payment terms.➤ Specialties: Supply Chain Management | Annual Procurement Budgeting | Strategic Sourcing | Inventory Management | Budgeting & Cost Savings | Warehouse Management | Vendor Management | Business Excellence

Yamuna Nagar, Haryana, India

Derabassi

★ Adeptly identified and developed potential vendors locally and globally for achieving cost-effective purchases of raw materials and finished goods after conducting landed cost analysis.➤ KEY RESULT AREAS● Supervised vendor performance to ensure compliance with predefined specifications and supply of material quality, cost, and delivery standards; and • Guaranteed payments to suppliers per payment terms.● Reduced costs by 15% by establishing alternate vendors for consumables and other items.● Provided technical assistance and commercial guidance to vendors and assessed their capacity throughout the development process. ● Extremely successful in reducing costs by 60% by analyzing previous purchase prices and procuring materials within the allocated budget at current market prices.➤ Specialties: Supply Chain Management | Annual Procurement Budgeting | Strategic Sourcing | Inventory Management | Budgeting & Cost Savings

★ Effectively developed sourcing strategies, oversaw implementation, and met sourcing objectives for a variety of sheet metal components.➤ KEY RESULT AREAS● Contributed to the management of the entire procurement process for mainline materials, from raw materials to finished products, and ensured that parts were developed following the APQP process.● Effective at sustaining critical supplier relationships to achieve breakthrough performance in terms of cost, service, and quality.● Maintained cost control within budgeted parameters and took an active role in vendor development/evaluation.● Expertise in liaising with 70 vendors for component procurement and development. 34 components were significantly developed in nearby areas, resulting in savings of approximately INR 1 lakh.➤ Specialties: Inventory Management | Budgeting & Cost Savings | Warehouse Management | Vendor Management | Business Excellence

Project Procurement

Pgdba, Operations Management And Supervision, A

Bachelor Of Technology (B.Tech.), Mechanical Engineering